Representative Example for Hire Purchase (HP): Payable by 60 payments of £690.19. Payments are based on a duration of agreement of 60 months, a Cash Price of £41,995.00, with a deposit of £8,399.00 leaving an amount of credit of £33,596.00. The agreement is calculated using a fixed rate of interest of 8.90% per year resulting in Representative 8.90% APR and a total amount payable of £41,411.16 We act as a credit broker, not a lender.